There has been growing concern about the nature of the FED, as more people have taken note of its shady, secretive practices. This is great news. People should be learning more about the history of the Federal Reserve and its founding. I’ve certainly learned a lot about it, mainly though resources found on mises.org and lewrockwell.com. But my knowledge of other central banking institutions isn’t up to par with what I know about the Fed. I was wondering if any of you could share some insight on these other central banks - are their histories and their current operations similar to that of the Fed? Are most pure government entities, or are they quasi-private institutions? Are they just as secretive as the Fed?
I was just wondering because many articles on this site deal extensively with the Fed, and attack it from every angle (and rightly so), but I haven’t come across much information regarding these other central banks.
I would very much like to read about the Bank of England, Bank of Japan and Bank of China and the effects of their policies on both national and international economies.